好望角9999

ZEC has been rising for 10 consecutive days. How much longer can this upward trend continue? Today, short positions were liquidated for 11.47 million, ranking in the top five. The previous high at 700 is a major resistance level; those who haven't entered can consider positioning now.

ZEC is already at 420, are we not going to do anything about it?! I went all in.

From the current 1-hour chart, ETH has been fluctuating upwards from the 2218 level, experiencing a sharp drop near 2324 before pulling back. It is currently consolidating around 2290, with the overall structure indicating a high-level fluctuation after a surge. Short-term bullish momentum has weakened, but the trend has not been completely broken; from an indicator perspective, the KDJ has turned flat at a high of 78, with a death cross expected. The RSI is starting to pull back from the 60-70 range, indicating a division in bullish momentum. The MACD remains above the zero line but with short-term red bars, and both DIFF and DEA have approached the bottom. Volume is also gradually shrinking, indicating that the market has entered a consolidation phase, with a short-term bias towards weakness. In the short term, it is likely to maintain a range of 2270-2320. If it cannot effectively hold above 2310, it may easily retrace. If it breaks below 2270, it could test the 2240-2220 support area. Only a significant breakout above 2325 would reopen the upward space.